vat in the digital age

VAT in the Digital Age proposals published by the European Commission

January 31, 2023 in European VAT, VAT

VAT in the Digital Age proposals published by the European Commission

In December 2022, a package of proposals on ‘VAT in the Digital Age’ were published by the European Commission.

These proposals – which are yet to be adopted – will aim to further modernise VAT rules for businesses and introduce a digital reporting and electronic invoicing requirement for intra-EU cross border supplies.

This means that businesses currently trading in the EU can expect some sweeping VAT changes to adapt to between 2025 and 2028.

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